Melbourne startup TALY has raised $500,000 in pre-Seed funding led by Skalata to transform how companies use personality data to make better decisions. Founder Peter Treloar said that while $4.3 billion is spent annually personality testing, but for the most part it’s poorly utilised. “The secret of enterprise personality testing is that most of it… Read more »
The Victorian government will invest $150,000 each to create 50 new startups and pay their salary for the year as part of an entrepreneurship program run by Breakthrough Victoria. Treasurer and economic growth minister Tim Pallas announced a $7.5 million million investment in the Breakthrough Victoria University Innovation Platform Fellowship Program, which will establish up… Read more »
Raising capital using SAFE (Simple Agreement for Future Equity) notes has become a go-to tool for Australian founders. SAFEs streamline the fundraising process by postponing valuation debates until a future funding round. However, understanding the distinction between pre-money and post-money SAFEs is critical, as it directly impacts founder dilution and investor ownership. In this article,… Read more »
Sydney quantum computing software startup Q-CTRL has been awarded $2.75 million contract by the federal government as part of a plan to deliver the defence sector additional capabilities in quantum and counter disinformation technologies. The Advanced Strategic Capabilities Accelerator’s (ASCA) Emerging and Disruptive Technologies (EDT) program has signed 21 contracts as part of an investment… Read more »
Federal government-backed Australian Renewable Energy Agency (ARENA) has awarded software startup Orkestra $2.77 million in co-funding to help fast-track the rollout of commercial electric vehicle chargers. The $5.5m software project is also being backed by electricity giants AGL and EnergyAustralia, as well as motoring organisations RACV and RAA and commercial real estate firm CBRE, aims… Read more »
Every startup founder faces strategic decisions that could make or break their vision – and one question looms large: how do you secure capital to fuel growth without handing away too much ownership? It’s a balancing act that has become increasingly relevant in the face of shifting market dynamics and founder insecurities about the most… Read more »
AI-focused e-learning platform Build Club has raised $1.75 million in a pre-Seed round led by Airtree and Blackbird. Also hitting the PayTo button for the round were Archangel Ventures, Co Ventures and Treble VC, and angel investors including Startmate’s Small Bets Fund, Curious Thing founder Sam Zheng, Superpower’s Max Marchione, Eric Chan from Aura Ventures… Read more »
Investor sentiment and founder optimism appear misaligned with the total amount of venture capital flowing to startups in the first quarter of the 2025 financial year, falling to a multi-quarter low of $695 million, driven primarily by a drop in mega-rounds. The latest quarterly figures from Cut Through Venture (CVT) show that the Q3 (calendar… Read more »
Business lender Fundabl is rebranding as it ramps up its focus on venture debt for startups. The three-year-old fintech will be known as Mighty Partners from October, changing its name just 10 weeks after announcing a $3.2 million raise from the likes of Stake founder and existing investor Matt Leibowitz. Ethan Singer and David Salkinder founded… Read more »
Seven Kiwi startups spanning space, health and cleantech have scored NZ$17.5 million in government funding under the country’s Ārohia Trailblazer grants program. The program, administered by the New Zealand government’s innovation agency, Callaghan Innovation, backs startups with global potential. Callaghan Innovation chief product officer Brett Calton said Astrix Astronautics, Basis NZ, Emrod, Fabrum Solutions, Toku… Read more »
Two Tractor Ventures OGs have teamed up to help deeptech founders with their funding plans. Warwick Donaldson’s CapXcentric has partnered with GROUP GROUP, the new specialist advisory and storytelling curation firm founded by Garry Williams. CapXcentric helps Australian technology startups access funding on the best terms, from the most appropriate investors. works with a range… Read more »
The German government has faith in Australia’s quantum sector to build the world’s first mobile mobile quantum computer, with the nation’s cybersecurity agency, Cyberagentur, awarding a record $58 million (€35 million) contract to Canberra startup Quantum Brilliance and two others. Quantum Brilliance (QB), founded in 2019, is the world’s leading developer of room-temperature miniaturised quantum… Read more »
The amount of capital flowing into local fintechs is nearly double the known figures according to estimates from funding analytics firm Techboard, which has launched a new report into investment in the sector. Some of that funding includes millions into VC-backed startups with around $684 million in unannounced funding discovered alongside $769m in announced deals… Read more »
Applications for Bupa’s 2024 eco-Disruptive program, which is open to start-ups in Australia, New Zealand and Hong Kong, close next Monday, September 2. The program gives selected startups with £25,000 (A$49,000) in initial funding and then £200,000 (A$390,000) if they win Bupa’s global eco-Disruptive competition. That’s been done by Australian startup already – in 2022, Cassava… Read more »
A legal generative AI startup founded by a trio of lawyers and computer scientists has raised $1.5 million in funding for international expansion. The round for Graceview was led by Singapore-based entrepreneur Patrick Linton, with support from a range of tech founders and investors. The compliance platform combines AI, machine learning, legal expertise and and… Read more »
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